I don't believe that Roger Ver has converted the major part of his 'core coin' stash into his own crappy shitcoin. The only thing he did is dump his BCH's at peak levels, and bought back at significantly lower levels, ending up significantly increasing his BCH holdings. All in an attempt to alongside his fellow poisonous friends, be the few entities holding the far majority of the circulating BCH supply. It quite well explains how easily that market got bought up to +0.4 BTC levels, and then dumped down again. He is also desperately trying to convince noobs that his shitcoin is the real Bitcoin, but thus far without much success.
Rebuttal:
Okay then you were attacking Roger Ver in your comments, but in the following video he articulates a very compelling and simple reason why BCH is superior:
https://youtu.be/cJAAMtqXc5I?t=181Its a fact which I have stated many times. LN payer cant send to everyone who has a BTC address. First the recipient must open+maintain a channel (which doesnt scale well and will essentially end up as fractional reserve Mt. Box hubs). BCH payer can send to anyone who has an address and it has MUCH lower fees right now.
Pontificate about future scaling as much as you want (neither scale decentralized!) but here and now, Ver is factually correct.
P.S. given the potential gain for BTC from the current level is ~3X (or maybe 5X at an extreme to $100+k), the altcoins are likely to moon soon and gain on BTC, because most of them have 10+ X gains potential before the next crypto winter.
As for the extreme volatility of BCH, its likely because of all the n00bs who dump it for BTC because they want to donate their BTC to SegWits pay to anymore (but they dont realize this yet like most sheep they will fall over the cliff together because theyre only aware of what theyve been told which is to stay focused on what the other sheep are doing).
BCH spikes because the BTC mining difficulty resets too high (and wont reset for at least 2 weeks or even longer as the hashrate leaves and block period slows down), then as BTC declines in price, it is more profit to mine BCH and this can lead to a spiral over a multi-week timeframe because the block periods on BTC can become much longer than 10 minutes if most of the hashrate moves over to BCH.
They care just about bitcoin cash anyway...
Thats not analysis. That
is sheep behavior.